CO129-582-7 Taxation 6-6-1939 - 5-2-1940 — Page 160

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draftsman in the later stages.

On this basis I calculate

that a reasonable minimum figure would be £2,000.

Will you please let me know your reactions in due course? I would have to obtain the approval of the Home Government to any proposal provisionally agreed upon, but this would be little more than a formality.

Yours sincerely,

S. Caine, Esq.,

Financial Secretary,

Hong Kong Government,

Hong Kong.

(Sd) S.P. Chambers.

Income Tax Adviser to the Government of India.

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